Binance Futures Lists Open Loot (OL)!

According to Binance’s official statement, the OLUSDT Perpetual Contract will go live on June 25, 2025 at 11:30 (UTC). With up to 50x leverage, this contract will provide Binance Futures users with broader trading opportunities.

OL (Open Loot) is currently listed on the Binance Alpha Market. However, futures listings and spot listings are handled independently.

Binance Futures Open Loot (OL) Contract Details

• Settlement Asset: USDT

• Underlying Asset: Open Loot (OL)

• Funding Rate Cap: +2.00% / -2.00%

• Funding Fee Settlement Frequency: Every 4 hours

• Trading Hours: 24/7

• Maximum Leverage: 50x

• Multi-Assets Mode: Supported

With Multi-Assets Mode, traders can use alternative margin assets like BTC, not just USDT, when trading this contract.

What Is Open Loot (OL)?

Open Loot (OL) is a Web3-based gaming distribution platform and marketplace. It aims to support game developers and publishers with end-to-end services such as go-to-market strategies, distribution, payment systems, and enhanced user experience. Open Loot is designed to provide user-focused solutions, especially in the blockchain gaming sector.

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Important Notes and Risk Warning

• The OLUSDT contract will be available for Binance Futures Copy Trading within 24 hours after launch.

• Binance reserves the right to adjust contract specifications (such as funding fees, leverage, margin requirements, etc.) based on market conditions.

• Futures listings do not guarantee spot listings.

• Leveraged trading involves high risk. Traders should assess whether such trading is suitable for their risk profile.

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The post Binance Futures Announces a New Listing! Which Altcoin Is It? appeared first on Coin Engineer.

Binance Futures will launch the SONICUSDT Perpetual Contract with 75x leverage, effective January 8, 2025, at 07:00 UTC.

SONICUSDT Perpetual Contract Specifications

The specifications for this futures contract are as follows:

• Altcoin: Sonic SVM (SONIC)
• Trading Pair: SONICUSDT
• Launch Time: January 8, 2025, 07:00
• Maximum Leverage: 75x
• Funding Rate Range: +2.00% / -2.00%
• Funding Fee Calculation Frequency: Every four hours
• Trading Hours: 24/7

Understanding Sonic SVM

Sonic SVM (SONIC) is a chain extension built on Solana, designed to support games, applications, and notably, the industry’s first TikTok application layer. This project aims to provide a faster and more efficient infrastructure for both developers and users by leveraging Solana’s innovative features.

For more comprehensive information, users are encouraged to refer to the official announcement published by Binance.

In the comment section, you can freely share your comments and  opinions about the topic. Additionally, don’ t forget to follow us on Telegram, YouTube, and Twitter for the latest news and updates.

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